Tuesday, January 07, 2020

WOTC - Stand united with the government

Wisdom of the Crowd: 75% of the respondents are not prepared to stand united with the government. 25% are willing to.

See the breakdown of the votes in
https://tklcloud.com/Crowd2/chart.aspx?ID=1770

7 comments:

  1. In some ways, we have all been accustomed to posing questions and responsibility to the government. Why? Well they turn out to make every rule, regulation, policy and finalisation.

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  2. Green man traffic lights at the same time for the right of way, for pedestrians and motorists

    rule were also their insight.

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  3. Driving here is not for the faint hearted.

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  4. How do one stand united with a government who thumb us with what kind and how many propertees be it private or public to own. Just because, they could not come out with a proposal that targets solely on the greedy speculators, the genuine small crowd who has the ability to own more than one property in their lifetime suffers.

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  5. How do one stand united with a government where only mostly rich and good grades have a good chance of attending high end schools. The rich kids do not have to do housework therefor more time to study and can afford the best tuition. The poor will always remain mostly poor as they are not prone to privileges' obvious for good grades except for a handful of exceptions.

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  6. This coming year of Rat may we live our lives with content, love, inner peace, good health comfort and relief from lifes burden. Is it too much to ask?

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  7. Shortly after graduating, I joined the workforce and added my name to the ownership of my parents' Housing Board flat to help in the payment of the mortgage.
    I have been married now for several years and still do not own a property because I would end up paying the additional buyer's stamp duty (ABSD).
    I have appealed to the Inland Revenue Authority of Singapore (Iras) to waive the ABSD that I would incur, but Iras rejected it.

    It stated that "this ABSD treatment has been consistently applied to all Singaporeans in circumstances similar to mine", adding that it was unable to make an exception for my case.
    Such application of the ABSD policy without considering specific circumstances seems inequitable and works against those of lower income.
    I understand that the objective of the ABSD is to reduce demand for residential properties so that housing remains affordable for Singaporeans. But how many Singaporeans are in the same situation as me?






    Is the number big enough to drive up property demand in Singapore if we were to be exempted from the ABSD?

    I feel that a good and fair policy should consider the unique circumstances of individual cases. Consistency may not always be the right thing to do.
    Cynthia Lim Sin Shyan

    From Straits Times Forum Page:- A filial daughter who just wants to own her own home but faces extortion from its policy!

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